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Introduction
Murabaha AlAhli is an excellent way to purchase goods like cars,
household furniture, building material, electrical appliances and other
durable items. In Murabaha AlAhli, you enter into an agreement with the
bank to purchase goods and the bank pays to suppliers so you can own and
enjoy the goods with easy re-payment terms. You can also benefit from
price discounts granted by suppliers to NCB.
Product Features
Islamic Sharia’a approved financing solution for owning goods.
Quick processing time 24-48 hours.
Easy re-payment terms with payback period as long as 60 months.
Facility to postpone installments during holy month of Ramadan through
Ramadan deferral option.
Financing amount ranging from SR20,000 to SR1,500,000
Extensive branch network covering the entire Kingdom.
Basic Requirements
You should be a Saudi citizen or legal resident of the Kingdom.
Be of at least 18 years of age.
Minimum salary is SR3,000 for Saudis
Minimum salary is SR4,000 for Expatriates
Provide a copy of Saudi ID or iqama.
Provide salary certificate.
You should be working for the Government or a private concern.
Your salary should be automatically transferred to your account with
NCB, for the purpose of re-payment
Minimum period on the job is 3 months for Saudis and 1 month for the
Saudi teachers working in the education sector.
Minimum period on the job is 1 year for Expatriates
Contact Details
Please call our help line at 800-244-1004 to get more details and to
apply.
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